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MACD 2 scalper

40 USD

Demo downloaded: 3 726

Published: 18 March 2022

Current version: 1.0

MACD 2 scalper

Indicators
Tshivhidzo Moss Mbedzi
Version: 1.0
Activations: 5

don't forget to leave reviews and comments . so that i can make more free tools for you guys . show me some support

THE INDICATOR WORKS ON
BOOM CRASH 1000
CRASH 500
VIX75
AND GBPUSD
AND MANY MORE

Introduction to the MACD 2 SCALPER The MACD 2 scalper is obviously based on the Moving Average Convergence Divergence indicator but it has 2 lines that form a cloud. The difference between the MACD and the signal line is presented in the form of a color histogram.

The MACD 2 scalper fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

Trading Rules Explanation

General trading rules for the MACD 2 scalper are pretty simple. Green cloud indicates buy trade opportunities and red cloud triggers sell trades. In this example, we’ve used it in conjunction with a 100-period Exponential Moving Average to determine the overall trend direction. Detailed instructions are provided below.

Buy Signal

Follow these steps for a long trade:

Overall trend is bullish (EMA slope is upward)
Price is above EMA and doesn’t touch it
The cloud switches from red to green
Buy trade is triggered after the above conditions are met
Set stop loss a few pips below the last swing low of the market
Take profit or exit trade whenever the cloud changes color or use your own method of trade exit

Sell Signal

Follow these steps for a short trade:

Overall trend is bearish (EMA slope is downward)
Price is below EMA and doesn’t touch it
The cloud switches from green to red
Sell trade is triggered after the above conditions are met
Set stop loss a few pips above the last swing high of the market
Take profit or exit trade whenever the cloud changes color or use your own method of trade exit

As always, to achieve good results, remember about proper money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is crucial to know when to trade, but also when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, etc.

Bottom Line

The MACD 2 Line indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

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ATM GBP/USD Robot V1: Elevate Your Trading Excellence Experience a revolutionary Forex trading tool with the ATM GBP/USD Robot V1. Designed to deliver outstanding performance across prop firm accounts and live trading setups, this automated solution is tailored for success. Key Features: Wide Compatibility: Seamlessly integrates with top prop firm accounts, including , MFF , True forex funds, FTMO, and more. Also suitable for live accounts starting from $200. GBP/USD Specialization: Thrive with

178 USD

Tired of facing challenges and hitting those frustrating max loss limits with prop trading firms? Say goodbye to those worries and welcome success with open arms, thanks to the PROP FIRM PAC-MAN. This exceptional trading bot is your ultimate solution, designed to excel in both live and prop firm trading environments, including FTMO and more. Robot Performance: A Game-Changer PROP FIRM PAC-MAN stands out from the crowd, ranking among the top expert advisors for its remarkable approach to handling

870 USD

Prop Firm Master Pro: Precision Engineered Forex Robot Prop Firm Master Pro is a top-tier Expert Advisor (EA) designed to pass any prop firm, including FTMO and FundedNext, in a short time and manage your account efficiently. Suitable for both funded and non-funded accounts, this EA offers unparalleled performance and reliability. Backtesting Notice: During backtesting, key features like the news filter and spread filter might not work as expected. Ensure you use a comprehensive historical data

730 USD

PropTradeMaster mt5 Live signal For additional in-depth details, kindly refer to the Manual Guide Revolutionize Your Trading with PropTradeMaster: A Precision Engineered Forex Robot Unleash the power of precision and innovation in your proprietary trading journey with PropTradeMaster, a cutting-edge Expert Advisor (EA) meticulously designed for MT4. Elevate your trading experience with this exceptional tool, tailored to exceed the stringent standards of prop trading firms. Embark on

1 440 USD

Revolutionize Your Forex Trading with The AI Prop Firms Forex Robot: Your Ultimate Scalping Solution For those seeking unparalleled success in prop firm trading, look no further than The AI Prop Firms Forex Robot. Powered by cutting-edge neural networks developed by Aura Black, this innovative tool is designed to elevate your trading to new heights. signal : https://www.mql5.com/en/signals/2234152?source=Site+Signals+My#!tab=description Unlock Your Trading Potential: Neural Networks Mastery: Ha

856 USD

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